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16:01 B QN Rl 0 66% @ { CourseOutline-H... Q : ANNEXURE I: FORMATIVE ASSESSMENT 2 Question 43 (1 Mark) Sarah is a long-time shareholder
16:01 B QN Rl 0 66% @ { CourseOutline-H... Q : ANNEXURE I: FORMATIVE ASSESSMENT 2 Question 43 (1 Mark) Sarah is a long-time shareholder at Green Earth Solutions (Pty) Ltd. (\"Green Earth Solutions\"), an eco-friendly cleaning product company known for its commitment to sustainability. Recently, Green Earth Solutions announced plans for a merger with a larger corporation, CleanTech Innovations (Pty) Ltd., which specialises in chemical-based cleaning products. Sarah strongly opposes the merger, believing it goes against the core values and mission of Green Earth Solutions. Despite her efforts to persuade the management and fellow shareholders against the merger, the majority of shareholders voted in favour of the merger during the annual general meeting. Feeling disheartened and convinced that the merger is not in the best interest of the company or its stakeholders, Sarah decides to explore legal options to challenge the shareholders' decision. Sarah wants to go to court to have the shareholders' resolution in favour of the merger set aside. What remedy is available to Sarah? A. The remedy available to Sarah is the assenting shareholders' remedy. B. The remedy available to Sarah is the dissenting shareholders' remedy. C. The remedy available to Sarah is the dissatisfied shareholders' remedy. D. The remedy available to Sarah is the evaluative shareholders' remedy. Question 44 (1 Mark) Ross Brokers is a brokerage company and works closely with West Bank Ltd. West Bank Ltd. interacts directly with STRATE (South Africa's Central Securities Depository) on Ross Brokers behalf. What is West Bank Ltd.'s role in terms of the scenario? A. Banking partner. B. Shareholder. C. Nominee. D. Participant. 146 HCML330-1-Jul-Dec2024-FA2-DK-V4-24062024 O
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